The two-laning project of Raebareli-Jaunpur section of NH-231 has been completed by the PNC Raebareli Highways Pvt Ltd before more than 3 months ahead of the scheduled time.

The wholly owned subsidiary of PNC Infratech was awarded the project under NHDP IV on build, operate and transfer (BOT) (Annuity) basis.

PNC Infratech has said in a BSE filing that the total project cost was Rs 837.40 crore and the concession period is 17 years from the appointed date including construction period of two years.

The completion date of the project was scheduled on June 2, 2016 but was successfully commissioned on February 27.

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